Economic Inequality
The growth pace that the Moroccan economy witnessed since the beginning of the 1998–2007 decade has generated significant progress in terms of national income, employment and living standards. However, the results obtained show considerable disparities in terms of the distribution of the fruit of this growth, whether between the production factors, the socio-economic groups or the urban and rural areas. In fact, the national income grew at an average annual rate of 5.5% during the 1998–2007 decade. This improvement in the national income however seems to be insufficient to face up to the discrepancies in terms of living standards and the scale of deficits at the social level. The real income of the population registered, during the last 10 years, an annual increase of 2.5%, taking into consideration the fluctuations relating the climatic conditions, which mainly affect the most vulnerable populations and their living standards. The national survey on Moroccans' living standards shows that the part of the most well off (10% of the population) in the overall consumption expenses in 2001 reached 12 times that of the most disadvantaged population (10%). Despite the fact that these disparities tend to decrease in urban areas, these data show the importance of the efforts needed to overcome this situation.
Read more about this topic: Economy Of Morocco
Famous quotes containing the words economic inequality, economic and/or inequality:
“A two-parent family based on love and commitment can be a wonderful thing, but historically speaking the two-parent paradigm has left an extraordinary amount of room for economic inequality, violence and male dominance.”
—Stephanie Coontz (20th century)
“We have heard all of our lives how, after the Civil War was over, the South went back to straighten itself out and make a living again. It was for many years a voiceless part of the government. The balance of power moved away from itto the north and the east. The problems of the north and the east became the big problem of the country and nobody paid much attention to the economic unbalance the South had left as its only choice.”
—Lyndon Baines Johnson (19081973)
“The doctrine of equality!... But there exists no more poisonous poison: for it seems to be preached by justice itself, while it is the end of justice.... Equality for equals, inequality for unequalsMthat would be the true voice of justice: and, what follows from it, Never make equal what is unequal.”
—Friedrich Nietzsche (18441900)